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Income Statement

  Year Ending Dec 2019 (Update) Year Ending Dec 2018 (Update) Year Ending Dec 2017 (Update) Year Ending Dec 2016 (Update) Year Ending Dec 2015 (Update)
Net Sales 2,914.36 2,947.08 3,468.86 4,010.27 3,268.72
Revenue 2,914.36 2,947.08 3,468.86 4,010.27 3,268.72
Total Revenue 2,914.36 2,947.08 3,468.86 4,010.27 3,268.72
Cost of Revenue 1,569.34 1,631.68 2,228.53 2,634.97 2,075.65
Cost of Revenue, Total 1,569.34 1,631.68 2,228.53 2,634.97 2,075.65
Gross Profit 1,345.03 1,315.40 1,240.33 1,375.30 1,193.07
Selling/General/Administrative Expense 525.16 601.58 591.58 716.55 661.38
Labor & Related Expense 44.16 44.45 38.29 54.18 79.93
Advertising Expense 63.10 -- -- -- --
Selling/General/Administrative Expenses, Total 632.42 646.04 629.87 770.73 741.30
Research & Development 130.73 185.83 172.07 183.37 102.20
Purchased R&D Written-Off -- -- -- -- --
Litigation 11.21 13.81 185.99 23.95 24.58
Impairment-Assets Held for Use 526.08 916.94 1,154.38 3,781.17 1,140.71
Impairment-Assets Held for Sale -- -- 0.00 0.00 18.87
Other Unusual Expense (Income) -172.29 -23.24 109.82 87.60 172.73
Unusual Expense (Income) 365.00 907.51 1,450.19 3,892.72 1,356.89
Total Operating Expense 2,697.49 3,371.05 4,480.66 7,481.79 4,276.05
Operating Income 216.87 -423.97 -1,011.80 -3,471.52 -1,007.33
Interest Expense - Non-Operating -558.68 -534.85 -494.69 -456.40 -378.90
Interest Expense, Net Non-Operating -558.68 -534.85 -494.69 -456.40 -378.90
Interest Income, Non-Operating 19.95 13.19 6.47 3.72 5.69
Investment Income, Non-Operating -7.59 0.32 1.90 -1.80 19.84
Interest/Investment Income, Non-Operating 12.35 13.51 8.37 1.92 25.53
Interest Income (Expense), Net Non-Operating -- -- -- -- --
Interest Income (Expense), Net-Non-Operating, Total -546.33 -521.34 -486.33 -454.48 -353.37
Other Non-Operating Income (Expense) -15.45 6.48 15.12 2.14 -77.16
Other, Net -15.45 6.48 15.12 2.14 -77.16
Net Income Before Taxes -344.90 -938.83 -1,483.00 -3,923.86 -1,437.86
Income Tax – Total 15.68 17.27 -214.08 -700.08 -1,137.47
Income After Tax -360.58 -956.10 -1,268.93 -3,223.77 -300.40
Minority Interest -- 0.00 0.00 -0.02 0.28
Net Income Before Extraordinary Items -360.58 -956.10 -1,268.93 -3,223.79 -300.12
Discontinued Operations -62.05 -69.70 -802.72 -123.28 -1,194.93
Extraordinary Item 0.00 -5.66 36.22 -- --
Total Extraordinary Items -62.05 -75.37 -766.51 -123.28 -1,194.93
Net Income -422.64 -1,031.47 -2,035.43 -3,347.07 -1,495.04
Income Available to Common Excluding Extraordinary Items -360.58 -956.10 -1,268.93 -3,223.79 -300.12
Income Available to Common Stocks Including Extraordinary Items -422.64 -1,031.47 -2,035.43 -3,347.07 -1,495.04
Basic Weighted Average Shares 226.05 223.96 223.20 222.65 197.10
Basic EPS Excluding Extraordinary Items -1.60 -4.27 -5.69 -14.48 -1.52
Basic EPS Including Extraordinary Items -1.87 -4.61 -9.12 -15.03 -7.59
Dilution Adjustment -- -- -- -- --
Diluted Net Income -422.64 -1,031.47 -2,035.43 -3,347.07 -1,495.04
Diluted Weighted Average Shares 226.05 223.96 223.20 222.65 197.10
Diluted EPS Excluding Extraordinary Items -1.60 -4.27 -5.69 -14.48 -1.52
Diluted EPS Including Extraordinary Items -1.87 -4.61 -9.12 -15.03 -7.59
DPS - Common Stock Primary Issue -- -- -- -- 0.00
Dividend per Share – Common Stock Issue 2 -- -- -- -- --
Gross Dividends - Common Stock 0.00 0.00 0.00 0.00 0.00
Other Unusual Expense (Income), Supplemental 34.60 86.30 212.45 107.49 125.41
Non-Recurring Items, Total 34.60 86.30 212.45 107.49 125.41
Total Special Items 399.60 993.80 1,662.63 4,000.21 1,482.30
Normalized Income Before Taxes 54.69 54.97 179.63 76.35 44.44
Effect of Special Items on Income Taxes 139.86 347.83 581.92 1,400.07 518.81
Income Taxes Excluding Impact of Special Items 155.54 365.10 367.84 699.99 -618.66
Normalized Income After Taxes -100.85 -310.13 -188.21 -623.64 663.10
Normalized Income Available to Common -100.85 -310.13 -188.21 -623.65 663.38
Basic Normalized EPS -0.45 -1.38 -0.84 -2.80 3.37
Diluted Normalized EPS -0.45 -1.38 -0.84 -2.80 3.37
Amortization of Intangibles, Supplemental 543.86 622.34 773.77 876.45 561.30
Depreciation, Supplemental 69.00 101.37 210.00 106.86 71.45
Interest Expense, Supplemental 560.67 534.85 494.69 456.40 378.90
Rental Expense, Supplemental 23.30 18.70 18.70 22.20 20.10
Stock-Based Compensation, Supplemental 59.14 54.07 50.15 59.77 61.19
Advertising Expense, Supplemental 63.10 49.60 42.00 47.90 57.90
Equity in Affiliates, Supplemental -2.35 -3.44 -0.90 1.19 -3.22
Minority Interest, Supplemental -- 0.00 0.00 -0.02 0.28
Research & Development Expense, Supplemental 130.73 185.83 172.07 183.37 102.20
Audit-Related Fees, Supplemental -- 7.78 -- 11.26 11.57
Audit-Related Fees -- 0.63 -- 0.01 0.64
Tax Fees, Supplemental -- 3.62 -- 2.35 1.37
All Other Fees Paid to Auditor, Supplemental -- 0.24 -- 0.01 0.01
Gross Margin 46.15 44.63 35.76 34.29 36.50
Operating Margin 7.44 -14.39 -29.17 -86.57 -30.82
Pretax Margin -11.83 -31.86 -42.75 -97.85 -43.99
Effective Tax Rate -- -- -- -- --
Net Profit Margin -12.37 -32.44 -36.58 -80.39 -9.18
Normalized EBIT 616.47 569.83 650.84 528.69 474.97
Normalized EBITDA 1,229.33 1,293.54 1,634.60 1,512.00 1,107.73
Current Tax - Domestic 15.32 6.24 -86.48 18.37 -308.91
Current Tax - Foreign 8.93 8.28 -6.46 9.50 -5.60
Current Tax - Local -3.00 2.86 -1.22 22.85 16.72
Current Tax - Total 21.24 17.38 -94.16 50.72 -297.79
Deferred Tax - Domestic -0.52 4.42 -88.47 -661.48 -779.76
Deferred Tax - Foreign -4.56 -3.75 -3.23 -0.24 -70.22
Deferred Tax - Local -0.48 -0.78 -28.22 -83.62 -9.38
Deferred Tax - Total -5.56 -0.11 -119.91 -745.34 -859.35
Other Tax -- -- 0.00 -5.46 19.68
Income Tax - Total 15.68 17.27 -214.08 -700.08 -1,137.47
Defined Contribution Expense - Domestic 7.40 6.40 9.40 11.50 8.60
Total Pension Expense 7.40 6.40 9.40 11.50 8.60

In millions of USD (except for per share items)